• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Centre Commends CBN, Cardoso for Tackling Inflation, Boosting Reserves

      Nigeria Customs Deploys New Hands to Tackle Fuel Subsidy

      NIPSS Directing Staff behind the Queries Barrister Nima Salman Mann and Rear Admiral A.A. Mustapha

      SHOCKING: NIPSS Suspends Participant Over Articles Backing Digital, Blue Economy Reforms…

      Customs’ Operation Whirlwind Crushes Smuggling Ring, Sells Seized Fuel at Subsidised…

      Comptroller General Nigerian Customs Bashir Adewale

      How Nigeria Customs Facilitated N136.7trn Exports in 2024 – CGC Adeniyi

  • National
    • Comrade Alhassan Yahaya President NUJ

      NUJ President Celebrates 70 Years of Journalism, Calls for Responsible Reporting…

      Hon. Rukayat Shittu

      Leadership must mean Something – Hon Rukayat Shittu

      Nigerian Military Troops

      Troops Arrest Suspected Bandit Impersonating Soldier, Recover Arms in Kaduna, Plateau

      CCC LOGO

      CCC Demands Swift Government Action to Halt Benue Violence

      Youth Corpers at the VON event in Abuja

      Fencing Nigeria’s Borders: A Strategic Imperative for National Security By Umar…

    • Government
      • Comrade Alhassan Yahaya President NUJ

        NUJ President Celebrates 70 Years of Journalism, Calls for Responsible Reporting…

        Hon. Rukayat Shittu

        Leadership must mean Something – Hon Rukayat Shittu

        Israel-Iran Tensions and Nigeria’s Economic Firewall By Umar Farouk Bala

        Bosun Tijani Elected Vice Chair of ITU Council

        Benue State

        Over 6,000 displaced in renewed Benue attacks, says NEMA

  • Security
    • Rear Admiral Ayo Olugbode,

      Nigerian Hydrography Agency Unveils $10m Revenue Potential from Electronic Charts

      Nigerian Military Troops

      Troops Arrest Suspected Bandit Impersonating Soldier, Recover Arms in Kaduna, Plateau

      President Bola Ahmed Tinubu

      Tinubu, Benue and When Empathy Comes After the Funeral

      CCC LOGO

      CCC Demands Swift Government Action to Halt Benue Violence

      Youth Corpers at the VON event in Abuja

      Fencing Nigeria’s Borders: A Strategic Imperative for National Security By Umar…

  • Features
    • Israel-Iran Tensions and Nigeria’s Economic Firewall By Umar Farouk Bala

      President Bola Ahmed Tinubu

      Tinubu, Benue and When Empathy Comes After the Funeral

      Youth Corpers at the VON event in Abuja

      Fencing Nigeria’s Borders: A Strategic Imperative for National Security By Umar…

      Opinion

      The Fathers We Forgot to Thank

      Beyond Bigotry: Unpacking the Iran-Israel Narrative By Yassim Dukawuya

  • State
    • Hon. Rukayat Shittu

      Leadership must mean Something – Hon Rukayat Shittu

      Nigerian Military Troops

      Troops Arrest Suspected Bandit Impersonating Soldier, Recover Arms in Kaduna, Plateau

      CCC LOGO

      CCC Demands Swift Government Action to Halt Benue Violence

      Benue State

      Over 6,000 displaced in renewed Benue attacks, says NEMA

      President Bola Ahmed Tinubu and Vice President Kashim Shettima

      2027: Inside Tinubu’s “Maradonic” Plot to Drop Shettima as VP By…

  • Event
    • Olusegun Adeniyi: Why there’d be no public presentation of ‘The Ghost…

      Awards trophies won at 2025 SABRE awards

      Nigeria Shines at SABRE Awards 2025 with Groundbreaking Wins Across Multiple…

      APRA 26th Annual Conference: Customs Calls for Data-Driven PR, as Nigeria…

      MAPOLY Alumni Association

      MAPALUM Commemorates June 12, Honouring Chief MKO Abiola

      The crashed Air India airplane

      Tragedy as Air India Flight with 242 Aboard Crashes Minutes After…

    • PR Nigeria Award
  • E-Paper
Home Government 17 Firms Jostle for Monitoring, Implementing FG’s Abacha Loot
  • Government

17 Firms Jostle for Monitoring, Implementing FG’s Abacha Loot

By
Modupe Ogundoro
-
May 29, 2020

17 Firms Jostle for Monitoring, Implementing FG’s Abacha Loot

The Federal Government has reiterated commitment to maintain accountability, transparency and vigilance in expending public fund.

The Head Asset Recovery and Management Unit, Office of the Attorney General of the Federation Ladidi Mohammed gave the assurance on Thursday, 28th May, 2020 at a bidding on Consultancy service to undertake the monitoring of the implementation of the tripartite agreement on the sharing, transfer, disposition of repatriated assets which held at the Ministry’s Olusegun Obasanjo Auditorium in Abuja.

According to Mohammed, the ministry has resolved to involve the civil society organization who is to monitor the projects that the Abacha loot proceeds would be used for.

She said, “As part of our transparency agenda, there shall be an independent verification to ascertain whether or not the repatriated loot is judiciously utilized by the government.

“The bidding process shall be carried out in a transparency manner in line with the law, criteria and provisions. After the technical bid, People that meet the requirement would come for the financial bid and those not qualified would be communicated”.

“Everybody would be involved so that Nigerians would see what the government is doing. Some of the project concern is the Lagos-Ibadan Expressway, Abuja-Kano Expressway and the second Niger Bridge.”

According to her, the conclusion of the agreement was reached in 2019 with the USA, Bailiwick of Jersey for the repatriation of Abacha loot III with all the terms and conditions within a time limit.

“It was agreed that there is going be involvement of Civil Society in monitoring the implementation as they are also grassroots and they will be able to give independent assessments of what the money is actually used for”. She explained.

Read Also:

  • NUJ President Celebrates 70 Years of Journalism, Calls for Responsible Reporting Amid National Challenges
  • Leadership must mean Something – Hon Rukayat Shittu
  • Nigerian Hydrography Agency Unveils $10m Revenue Potential from Electronic Charts

Ladidi said, both Nigerians and foreign companies participated in the Bidding, 16 companies after assessment according to BPP specified criteria were qualified while the remaining one was disqualified due to lateness in submission.

“Today Bureau for Public Procurement (BPP)  which is the National Body or Agency that is responsible for procurement is in charge of this process, they have already established link with the three Governments that’s,  the FMOJ who is the authority that is representing the Government of Nigeria, USA and New Jersey” She added.

Speaking, the Director Infrastructure BPP Engr. Nasir Bello explained that, they have concluded the opening of the Technical Bids and everything went well”. The next procedure now is to hand over the Technical documents to the Evaluation Committee in which they will see it and evaluate submission based on the criteria specified in the request for the proposal.”

He explained further that immediately after the evaluation, based on the agreement between the Federal Government of Nigeria, Ireland of Jersey and USA the evaluation report would be forwarded to the 2 other parties to concur with the outcome from the Nigerian part of the evaluation, those that are qualified or those that are pre- qualified would be invited to submit Financial Bids, in which the Bidders that would emerge the winner will be awarded the contract.

The names of the bidders are Triump Oil and Gas Nig. Ltd, International Action Centre, GPM Associates, Phenai Penal Consults Ltd, CLEEN Foundation, Anti-Corruption and Research based Data initiative, Public and Provate Dev. Centre, Arewa Community and Social Dev. Network in Nigeria, Quadrante, IBLF Global and PPP Advisories consortium.

Others are Restitution impact Limited; Urban Project Prospects Integrated Service Ltd, Centre for Social Justice, Foundation for Public Private Partnerships, Nigeria and Global Society for anti-corruption.

 

Modupe Ogundoro

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • FG's Abacha Loot
  • Infrastructure
  • monitoring
Previous articleOsinbanjo Inaugurates ‘CLEAN NIGERIA’ Committee Programme
Next articleWhy Buhari Signs Executive Orders- Malami
Modupe Ogundoro
Modupe Ogundoro
Xing

RELATED ARTICLESMORE FROM AUTHOR

Comrade Alhassan Yahaya President NUJ

NUJ President Celebrates 70 Years of Journalism, Calls for Responsible Reporting Amid National Challenges

Hon. Rukayat Shittu

Leadership must mean Something – Hon Rukayat Shittu

Israel-Iran Tensions and Nigeria’s Economic Firewall By Umar Farouk Bala

Bosun Tijani Elected Vice Chair of ITU Council

Benue State

Over 6,000 displaced in renewed Benue attacks, says NEMA

President Bola Ahmed Tinubu and Vice President Kashim Shettima

2027: Inside Tinubu’s “Maradonic” Plot to Drop Shettima as VP By Kabir Akintayo

MUSWEN Muslim Ummah of South West

MUSWEN condemns masquerade invasion of mosque in Ondo State , calls for justice

Iran Executes Man Convicted of Spying for Israel Amid Escalating Hostilities

Beyond Bigotry: Unpacking the Iran-Israel Narrative By Yassim Dukawuya

The Compelling Courage of the Islamic Republic of Iran by Chief Femi Fani-Kayode

FG invigilating students participating in the Technical and Vocational Education and Training

TVET: FG conducts entrance exam into FTCs for 30, 000 students

Nigeria Condemns Israel’s Strike on Iran, Urges Immediate Ceasefire

Recent Posts

  • NUJ President Celebrates 70 Years of Journalism, Calls for Responsible Reporting Amid National Challenges
  • Leadership must mean Something – Hon Rukayat Shittu
  • Nigerian Hydrography Agency Unveils $10m Revenue Potential from Electronic Charts
  • Israel-Iran Tensions and Nigeria’s Economic Firewall By Umar Farouk Bala
  • Troops Arrest Suspected Bandit Impersonating Soldier, Recover Arms in Kaduna, Plateau
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NUJ President Celebrates 70 Years of Journalism, Calls for Responsible Reporting Amid National ChallengesLeadership must mean Something - Hon Rukayat ShittuNigerian Hydrography Agency Unveils $10m Revenue Potential from Electronic ChartsIsrael-Iran Tensions and Nigeria’s Economic Firewall By Umar Farouk BalaTroops Arrest Suspected Bandit Impersonating Soldier, Recover Arms in Kaduna, PlateauTinubu, Benue and When Empathy Comes After the FuneralCCC Demands Swift Government Action to Halt Benue ViolenceBosun Tijani Elected Vice Chair of ITU CouncilFencing Nigeria’s Borders: A Strategic Imperative for National Security By Umar Farouk BalaOver 6,000 displaced in renewed Benue attacks, says NEMA2027: Inside Tinubu's "Maradonic" Plot to Drop Shettima as VP By Kabir AkintayoIGP Orders Tactical Reinforcement in Benue as Death Toll Rises in Guma MassacreFake News and AI: The Unseen Force Behind Traore's PopularityMUSWEN condemns masquerade invasion of mosque in Ondo State , calls for justiceNotorious Bandit Leaders Surrender Arms, Free Kidnapped Victims in Katsina
X whatsapp